Archived News

09/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday.

09/06/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives were slightly higher on Monday ahead of the official MPOB data due on Tuesday on stocks, production and exports.

07/06/2014 (Reuters) - Malaysian palm oil futures edged lower on Friday to record their third straight weekly fall, as a stronger ringgit and weaker soyoil markets continued to drag, along with the prospect of bigger stockpiles.

07/06/2014 (The Star) - Palm oil exporters may have to experience yet another hard time as another anti-palm oil move is heating up in France.

07/06/2014 (Jakarta Globe) - The Indonesian government plans to initiate talks on a preferential trade agreement with the Turkish government in a move that would bring Indonesia’s crude palm oil on par with those of Malaysia, the world’s second-largest CPO producer, according to Trade Minister M. Lutfi.

07/06/2014 (Bernama) - Diversified conglomerate Oriental Holdings Bhd plans to increase its oil palm plantation landbank especially in Indonesia, says group chief financial officer Adrian Wong Tet Look.

07/06/2014 (Bernama) - Malaysia's total trade in April 2014 rose by 12 per cent year-on-year to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said.

07/06/2014 (Indonesia Investments) - The plantation sector of Indonesia is vulnerable to land disputes. Noor Marzuki, a Director at the National Land Agency (Badan Pertanahan Nasional, or BPN), a non-departmental government institution, said that currently only 30 percent of Indonesia's total plantation estate area has been registered at the BPN. This implies that 70 percent of Indonesian plantation estates are unregistered and thus susceptible to land conflicts. The total size of Indonesia's plantation estate area is 120 million hectares.

* Price freeze to ease living costs, boost economy and confidence * Headline inflation in May hits 14-month high of 2.62 pct yr/yr * Economy hurt by months of political unrest

07/06/2014 (Bloomberg) - Palm oil production in Malaysia, the biggest supplier after Indonesia, probably climbed to the second-highest level on record for May, while exports increased the most in 14 months. Futures declined.

07/06/2014 (CosmeticsDesign-Europe.com) - In order to achieve a sustainable palm oil industry and tackle the deforestation issue worldwide, actions must be taken quickly and the consumer demand will follow, says Dr Alan Knight OBE.

06/06/2014 (Reuters) - Malaysian palm oil futures fell on Thursday, giving up gains in early trade to fall in nine out of 10 sessions as worries about dwindling demand and losses in overseas soy markets weighed.